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Cryptocurrencies: 30355
Markets: 109607
Market Cap: $2,606,584,930,812     
24h Vol: $64,615,739,141
Cryptela — Cryptocurrency News and Market Intelligence
Cryptopolitan 2023-01-26 20:39:54

Tesla reports Bitcoin impairment charge in Q4 2022

Tesla reports Bitcoin impairment charge in Q4 2022
On Wednesday, Tesla disclosed in its latest earnings report that it had not purchased or sold any Bitcoin during the fourth quarter of 2022. The electric car manufacturer still reported $34 million worth of impairment charges due to their Bitcoin holdings dropping to $184 million—down from Q3’s impressive figure of $218 million. In accounting, an … Tesla reports Bitcoin impairment charge in Q4 2022 Read More »
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